89 El Paso St
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2012 | Sold | ||
| Sold | |||
| May 12, 2011 | Listed by Skye Mountain Realty, Inc. | $62,500 | |
| Listed by Skye Mountain Realty, Inc. | |||
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Approved for short sale by lender at $62,500.! Cozy ranch in convenient area of East Springfield. Replacement windows, aluminum siding, hardwood floors and ceiling fans. Newer carpeting in living room. Finished room in the basement with heat. One car garage with breezeway connecting to house. Fenced backyard with brick patio. A great starter home!
| |||
| Oct 18, 1996 | Sold | ||
| Sold | |||
| Apr 1, 1996 | Listed by Skye Mountain Realty, Inc. | $59,900 | |
| Listed by Skye Mountain Realty, Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017